payments made directly to indian oil corporation for petrol use in school
how to make entry in tally
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Entry in Tally
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Quick Summary
In your accounting software create a ledger
indianoill company
if indianoil is providing invoice then create that invoice.
then pay....
indianoill company
if indianoil is providing invoice then create that invoice.
then pay....
Steps:
1. Create IOC (Under sundry crs group)
2. Fuel Ac(under Indrect exp head)
3. Bank name ledger ac(Under Bank ac)
A. Book Fuel expe
FUel ac......dr
to IOC...............Cr
(Being Fuel purchasse.....bill no)
B. Payment to IOC
IOC ac........DR
To Bank ac............Cr
(Being Payment made to IOC against Bill no...)
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